Big Data & Analytics

Transform financial processes

The office of finance is no longer relegated to running reports and measuring results against key performance indicators. Today’s CFO plays a leading role in strategically funding the strategies and operations of the business, and in selecting the KPIs that help organisations focus and drive to success. In fact, when asked to rank the importance of all their activities, respondents to the IBM Global CFO Study cited “providing inputs into enterprise strategy” as number one.

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Crucial to the CFO’s effectiveness in the boardroom is the ability to measure and monitor financial and operational business performance, anticipate gaps in that performance, analyse root causes and quickly assess alternatives—with insight and confidence.

Financial crises put increased pressure on finance leaders to be vigilant in the areas of accounting and compliance, while assuming larger roles in guiding the business. Enterprises demand greater breadth, depth and speed of insight—and Finance shoulders the burden.